Dutch Drug Cost Curbs "Working:" Sick Funds

29 September 1997

The cost of pharmaceutical assistance in the Netherlands rose 193million guilders ($95.7 million) to 5.6 billion guilders ($2.77 billion), says a new report from the Sick Fund Council. 1996 was the fourth consecutive year that the growth of these costs was small, at around 3.5%, compared with an average of around 10.5% a year during 1989-92.

The GVS, the drug price law introduced on June 1, 1996, has had a positive effect on cost containment, the report adds, producing savings of 325 million guilders last year (estimated at 570 million guilders on an annual basis).

Doctors wrote 113 million prescriptions last year, a rise of 2%, and average drug expenditure per sick fund-insured person was also up only 2%, to 408 guilders, while the rise for those insured privately was 7% to 297 guilders on average. Total spending on drugs for the privately-insured was 114 million guilders last year.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK





Today's issue

Company Spotlight